Posted by A Continuance of Marginal Cost Methodology in Project Change Management
From the Journal of Cost Analysis and Parametrics: Volume 10 | Issue 3 | November 2022
Downloadable File: JCAPv10i3-MarginalCostMethodologyinProjectChangeManagement-Ono
Abstract: Change management is an inevitable part in the engineering management of engineering projects so effective change management is critical to determine if the proposed changes add economic value to the project. The marginal cost methodology is proposed to effectively manage change and to parse the changes only to those which add economic value. The marginal cost methodology is valuable in engineering decision making and also facilitates statistical analysis in trade studies for applications to future projects.
Author:
Daryl Ono, MBA, MS, MS, MS, MSEM, PhD, CIA, CCE/A is an NTT associate professor at Occidental College and an adjunct instructor in the PhD Program in Global Leadership at the Indiana Institute of Technology. He has worked with aerospace engineering firms in the Southern California area for the last two decades. Mr. Ono has an MS in systems engineering from Southern Methodist University, an MBA from the Claremont Graduate School and an MS in operations research from Southern Methodist University.